On the Homefront: Essential Steps for New Homeowners

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Congratulations on your new home! As you bask in the glory of homeownership, it's time to shift gears and tackle some practical tasks. Here are six crucial steps to consider before diving into major renovations:

  1. Get to Know Your Neighbors Building a good relationship with neighbors can provide valuable insights into your community. They might share local tips, recommendations, and even become a source of support.

  2. Familiarize Yourself with Local Regulations Before making any alterations, understand local regulations. This includes homeowners association rules, city ordinances, and historic designations that may impact your home improvement plans.

  3. Invest in Necessary Tools While it might be more exciting to shop for decor, don't overlook essential tools like shovels, rakes, and tool kits. Being prepared for common tasks will save you from last-minute stress.

  4. Assess Your DIY Skills Realistically Start with small DIY projects before attempting major renovations. Being realistic about your abilities will prevent costly mistakes and ensure a smoother transition into homeownership.

  5. Assemble a Professional Network Build a roster of professionals, including handypersons, electricians, plumbers, and more. Having a reliable team will be invaluable when unexpected issues arise.

  6. Budget for Maintenance and Repairs Set aside a portion of your monthly budget for maintenance and repairs. Experts recommend allocating 1% to 4% of your home's value annually to cover unforeseen expenses.

As you embark on this homeownership journey, staying proactive and prepared will help you navigate the responsibilities that come with your new abode.

 

Source: Realtor.com

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